Interesting Thoughtshttp://www.nytimes.com/2010/06/28/opinion/28krugman.h...
Tuesday, 29 June 2010
Saturday, 26 June 2010
The government finally bit the bullet on Friday and not only hiked LPG, Kerosene, Petrol and Diesel prices but also deregulated Petrol prices. Leaving the jargon aside what does this mean to the common man and is it the big deal which is being made about? I do not think so and here is why?1. The Petrol prices are deregulated means they will move in line with the International Crude prices. If crude goes to 100 dollars then our prices will move up. Now, what is the mechanism to do this? It is not very clear yet but the prices will be fixed once...
Saturday, 19 June 2010
It was another positive week for the markets. The markets around the world rallied simply because there was no bad news, gold rallied and FIIs pumped in the dollars.Lets look at a few takeaways:1. The markets rallied, but gold hit another all time high at 1262$. Typically gold should not be rallying when world markets are rallying. This implies smart money is buying gold and they may know something which we do not know.2. The dollar index has corrected...
Saturday, 12 June 2010
Of late, we hear many stories about investing in Gold. In India, investing in Gold has come of age lately. In earlier times, gold was mainly used for jewelery in India. Let us attempt to find out if Gold can be a good investment.Gold since time immemorial, as been used as a currency. People used to use gold as a currency in exchange for Gold. Till 1971, the US dollar was liked to the Gold Standard.The gold standard is a monetary system in which a...
Friday, 11 June 2010
RIL has acquired Infotel which is the only player with Broadband Wireless License across India.This can be a game changer simply for the reason, that wireless is the way forward.Quoting the ET:The company is expected to use data technology in its roll out that would take around eight months after receiving spectrum. “A single 20 MHz TDD spectrum when used with LTE (Long Term Evolution) has the potential of providing greater capacity when compared to existing communication infrastructure in the country,” RIL said in a statement.LTE is a technology...
Saturday, 5 June 2010
I was looking at good companies to buy and one company which stands out is Reliance Industries. There are several compelling reasons why I am bullish on this stock.1 of the basic rules of good fundamental investing is that we should buy a good company with sound management in a good sector.Now lets looks at the business model of RIL. It operates in the oil and gas space and its original segment of petrochemicals. If you look at the latest balance sheet, it speaks of 3 main lines of business:1. E&P - Exploration and Production2. Refining3. Petrochemicals...
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